Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal.
In an historic ruling for labor and antitrust advocates, a federal judge blocked the $25 billion merger of grocery giants Kroger and Albertsons.
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its ...
Key Takeaways Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the ...
On Wednesday, Albertsons blamed Kroger for not trying harder to appease wary regulators and therefore breaching its merger agreement to act in good faith. It also wanted the $600 million "break ...
As the year unfolds, all eyes will be on Kroger’s Investor Day, where the company is expected to unveil its vision for the ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
The Friday Checkout is a weekly column providing more insight on the news, rounding up the announcements you may have missed ...
Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach ...
A nonstop day of bargaining by union leaders and King Soopers executives ended in a short contract extension on Friday afternoon. They now have until Jan. 16 to reach a deal.
Dec. 11, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two supermarket ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.